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Posted Wed, 30 Mar 2022 11:17:10 GMT by h1208 nez
Hi, I have question about private pension income being considered as "Income" for calculating student loan payments when completing Self Assessment tax returns. It isn't considered as "income" as PAYE because Its not subject to National Insurance Contributions. So why is it on self assessment tax return? Especially as under regulations 41 and 45(1) of the Education (Student Support)(Repayment) Regulations 2009 (as amended), student loan deductions are taken from any income subject to (secondary) Class 1 National Insurance Contributions. My private Pension is not subject to National Insurance Contributions. Thank you
Posted Thu, 31 Mar 2022 16:53:04 GMT by HMRC Admin 20
Hi h1208 nez,

Please contact HMRC and request to speak to the Student Loans section who can review this for you:

Contact HMRC 

Thank you.
Posted Thu, 30 Jun 2022 12:45:16 GMT by ramster999 retsmar
Nez, Did you get resolution to this? I too am stuck in the mire of Self Assessment including occupational pension in the Student Loan calculation and HMRC weren't of great help.
Posted Tue, 02 Aug 2022 11:09:12 GMT by h1208 nez
Afraid not. Ended up including pension income in student loan calculation. Basically its a HMRC rule.

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